Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[thefunkybits]

Hmmmm 

[wachtwoord]

Eh, pretty sure that's not correct. I remember reading about a proposal for a vote verification mechanism that doesn't require compromising anonymity. I'll see if I can dig up the article.

Unless of course you work from the premise that the voting machine is compromised / the voter is watched. But in that case, all bets are off anyway, no?

I'd be interested. Verifying your vote will require either something you know or something you have, I would think. Either of which could be used by a malicious third party.

Look up zero knowledge proofs http://en.wikipedia.org/wiki/Zero-knowledge_proof

[podyx]

Hmmmm 

[spooderman]

dat walls

(edit: dose walls?)

[mmitech]

the fail of Gox makes me wonder if the last 3 bubbles were all driven by Gox, now that Gox has failed we didn't see any bubble, isn't possible that Mark artificially pumped the price ?

Edit: this means that he was out of money for a long time, so he decided to add Litecoin as a new source of money... everything is possible

[aminorex]

Talk about a maturing market.

Talk about a bunch of suckers selling the future for a mess of pottage.

At this point, all the things I most desire can only be bought with bitcoin.

Well, except for a Chateau Laubade 1974.

[Richy_T]

I'd be interested. Verifying your vote will require either something you know or something you have, I would think. Either of which could be used by a malicious third party.

Look up zero knowledge proofs http://en.wikipedia.org/wiki/Zero-knowledge_proof

You'll have to go into it a little more given that the statement in question would look like "I, Richy_T voted for Satoshi Nakamoto(B)". That's the information that would need to be verified and the information that the third party would want.

Unless you're talking about knowing that the vote is correct without needing the individual voters to be able to verify their votes. Which is a different issue.

[wachtwoord]

I'd be interested. Verifying your vote will require either something you know or something you have, I would think. Either of which could be used by a malicious third party.

Look up zero knowledge proofs http://en.wikipedia.org/wiki/Zero-knowledge_proof

You'll have to go into it a little more given that the statement in question would look like "I, Richy_T voted for Satoshi Nakamoto(B)". That's the information that would need to be verified and the information that the third party would want.

Yes, I haven't looked into how to apply it exactly to this situation but when I read Oda.Krell's post and your reaction I thought it would be a high chance he meant something to do with zero knowledge proofs.

[aminorex]

Weekend forecast?

monkey just flip-flopped again, to bullish.  you'll notice i don't bother reporting his daily views here much lately.  he's been pretty uselessly ambivalent on the daily since 500.  he's still bearish on the weekly chart, out to october.

[bitcodo]

The price difference (buy sell walls) is 0.4%. Huge loss if one would sell or another buy. The walls are equal in size now (well, just for a moment)! Why don't they mate?

[spooderman]

Hal died this morning. He may come back to life once they know what to do with cyogentically frozen people, but until then....

[esse83]

the fail of Gox makes me wonder if the last 3 bubbles were all driven by Gox, now that Gox has failed we didn't see any bubble, isn't possible that Mark artificially pumped the price ?

Edit: this means that he was out of money for a long time, so he decided to add Litecoin as a new source of money... everything is possible

I have been claiming this for a long time now. Just read the willy report and it all makes sense. He pretty much ran a ponzi scheme with bitcoin to keep his business afloat. As with all ponzi schemes it comes to an end. What we are seeing is the slow bleeding out and return to normal  (less than $100). No more bubbles, and that last one i april/may was just old money pumping and then dumping for a 100% retracement. With Gox that would never have happened. Let's ponder that fact.

[Richy_T]

You'll have to go into it a little more given that the statement in question would look like "I, Richy_T voted for Satoshi Nakamoto(B)". That's the information that would need to be verified and the information that the third party would want.

Unless you're talking about knowing that the vote is correct without needing the individual voters to be able to verify their votes. Which is a different issue.

Of course, they can't in current physical voting systems either.

The tinfoil-hat part of me wants to suggest that anonymity was brought into the equation to allow the powers-that-be to stuff the ballot boxes. Which is likely to be more of an issue? Coercion of ballots or boxes disappearing and appearing from nowhere?

[esse83]

Hal died this morning. He may come back to life once they know what to do with cyogentically frozen people, but until then....

One of the "founding" fathers of bitcoin gone.

[tarmi]

Hmmmm 

[oda.krell]

Probably Chaum I had in mind, and probably: http://en.wikipedia.org/wiki/Scantegrity

Simplified protocol: http://www.lbd.dcc.ufmg.br/colecoes/wseg/2004/016.pdf


Neither of which will probably work for at-home voting scenarios. Sorry to get your hopes up, guys :/

[razorramon]

it feels like the showdown of the good the bad & the ugly...

[Sandia]

Bfx and Stamp: buy or keep running away?  You are almost in a corner already.
Make up your mind.

[derpinheimer]

the fail of Gox makes me wonder if the last 3 bubbles were all driven by Gox, now that Gox has failed we didn't see any bubble, isn't possible that Mark artificially pumped the price ?

Edit: this means that he was out of money for a long time, so he decided to add Litecoin as a new source of money... everything is possible

Yes, this is what the willy bot did.. spent hundreds of millions of dollars, that didnt exist, to artificially inflate the price, to buy real bitcoins.

Then, they became insolvent. Where are the bitcoins? Who knows..

[esse83]

Bfx and Stamp: buy or keep running away?  You are almost in a corner already.
Make up your mind.

Trust me, it's down. These walls are not fake, they really want to sell them at this price. Contemplate that for a moment.